IFAC FOCUS AREAS
- Accountability. Now.
- Adoption of International Standards
- Developing the Global Profession
- Global Representation and Advocacy
- Professional Accountants in Business
- Small and Medium Practices
Independent Standard-Setting Boards
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
|Global Knowledge Gateway||
To help improve the management and operational efficiency of practices, especially small- and medium-sized accountancy practices (SMPs), this area is intended to help those managing practices to address opportunities and challenges; improve their competitiveness, profitability, and sustainability; enhance their expertise, competence, and efficiency; create an environment conducive to the provision of high-quality services; and showcase global best practices and latest practice management techniques. See the full overview.
by Diane Jules, Deputy Director, IESBA and Robyn Erskine, Partner, Brooke Bird & IFAC SMP Committee Member | September 12, 2018
The revised and restructured Code of Ethics will come into effect in June 2019; the IFAC SMP Committee has actively monitored and engaged on each aspect of the project to provide input and suggestions with a focus on matters that impact SME and...
There are 195 articles
How to Support the SMP of the FutureSMPs face many challenges, from competition and regulatory changes to digital technology advances and staffing issues—Global research from the Edinburgh Group suggests how SMPs and their professional accountancy organizations can respond for a...
by Eamonn Siggins, Chief Executive, CPA Ireland and Jamie Lyon, Director of Professional Insights, ACCA | March 18, 2019
How SMEs Can Supercharge Their Growth PotentialSMEs can experience wider success by adopting some of the practices of high growth businesses. A new global research report from ACCA explores the potential for a larger proportion of the global SME population to increase productivity gains,...
by Ben Baruch, Head of SME Policy, ACCA | March 4, 2019
How Do European SMPs Compare to the Global PictureWhat can small- and medium-sized accountancy practices in Europe learn from the IFAC Global 2018 SMP Survey—We compare survey findings from Europe to the global results.
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | March 4, 2019
How SMPs Can Invest in TechnologyInvesting in technology is crucial for small- and medium-sized practices’ future success—but many firms face the challenge of high-cost, high-level investment in order to keep pace.
by Samantha Mansfield, Director of Professional Development & Community, CPA.com | February 18, 2019
Transforming Your Practice for the FutureDuring the IFAC SMP Committee meeting in London in October 2018, there was a panel discussion on the “Practice of Tomorrow”—Three small- and medium-sized practices (SMPs) leads shared their insights and perspectives on how SMPs can transform into...
by George Willie, Managing Partner, Bert Smith & Co. (Moderator), Sara Harvey, Director of Hines Harvey Woods Ltd, Paul Kennedy, Partner of O’Byrne & Kennedy and Suzanne Spicer, Managing Director of Spicer & Co. | January 18, 2019
News and Resources
There are 1727 news/resources
How to Grow Your Practice with Automation
CPA Practice Advisor - March 18, 2019
Small Firm Spotlight: How We Successfully Switched to the Cloud
Journal of Accountancy - February 27, 2019
The Rise and Rise of the Virtual CFO
In the Black - February 25, 2019
El Reto de Los Horarios En Las Firmas Profesionales
CincoDias - February 4, 2019
Don’t Be Scared of the Robots; Embrace Them
Journal of Accountancy - January 28, 2019
The 'Anytime, Anywhere' Work Revolution
Accounting Today - January 7, 2019
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